Ponder, Wise County, Texas Property Taxes
Median Ponder, TX effective property tax rate: 0.76%, significantly lower than the national median of 1.02%, but lower than the Texas state median of 1.67%.
Median Ponder, TX home value: $858,257
Median annual Ponder, TX tax bill: $5,482, $3,082 higher than the national median property tax bill of $2,400.
How are property taxes in Wise County calculated?
Property taxes in Ponder, TX are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Ponder’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ponder, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ponder, Wise County, Texas Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.76%
Estimate Property Tax Bill
$6,523
$6,053
Property Tax Rates Across Ponder, Wise County, Texas
Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Ponder’s effective property tax rate to other cities in Texas and the median property tax rates in Texas and the U.S.
Ponder, located in Wise County, offers a property tax rate of 0.76%, which is notably lower than the national median of 1.02%. This makes it an attractive destination for property owners seeking relief from higher tax burdens. In Texas, where the median property tax rate is 1.60%, Ponder stands out with its more favorable rate. Such a competitive tax rate can significantly reduce the financial strain on homeowners, making it a key consideration for those looking to invest or settle in the area.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Ponder Tax Rate
0.76%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Wise County Tax Rate
1.21%
Median Effective Texas Tax Rate
1.67%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ponder, Wise County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76259 | 0.47% | 0.58% | 0.76% | 1.00% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Ponder, Wise County, Texas
When examining property taxes in Ponder, Texas, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Wise County Appraisal District estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Wise County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Ponder. For example, the median home price in Ponder is $858,257, with tax bills ranging significantly across the county. Zip code 76259 has the highest median home price at $858,257.
Property Tax Assessment Values Across Ponder, Wise County, Texas
Source: Ownwell
$130,683
$494,470
$858,257
Median Ponder Market Value
$858,257
Median Wise County Market Value
$280,537
Median Texas Market Value
$247,950
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ponder, Wise County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76259 | $512,994 | $584,672 | $858,257 | $951,070 | $1,104,307 |
Source: Ownwell
Property Tax Bills Across Ponder, Wise County, Texas
Median Ponder Tax Bill
$5,482
Median Wise County Tax Bill
$3,273
Median Texas Tax Bill
$3,971
Median United States Tax Bill
$2,400
Property Tax Bills Across Ponder, Wise County, Texas
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 76259 | $2,619 | $3,727 | $5,482 | $7,836 | $8,875 |
Source: Ownwell
Don't miss the deadline to protest!
Dates | |
|---|---|
| Appeal Deadline | May 15 |
| Tax Bill | |
| Issued | October 1 |
| Due Date #1 | November 30 |
| Due Date #2 | June 30 |
Links | |
|---|---|
| Wise Appraisal District | |
| Website | esearch.wise-cad.com |